False - because not every business plans work
Answer:
The value of the firm if we ignore taxes would be $8.96 million.
Explanation:
Given information -
Thompson number of outstanding shares - 280,000
Price of 75,000 outstanding shares - $2.4 million
Note - here since Thompson is repurchasing its 75,000 outstanding shares, the interest of 5.5 % doesn't have to be paid yet, therefore this will not be taken in to account when taking out the value of the firm.
Formula for taking out value of firm =
Price for repurchasing of shares x Total number of outstanding share /
Shares repurchased
= $2.4 million x 280,000 / 75,000
= $8.96 million
Answer: broker loan rate
Explanation:
The broker loan rate is also refered to the call loan rate and it is the interest rate that is charged from the banks to broker-dealers on loans where securities are collateral.
It should be noted that the iterest rates that are given on broker loan rates are just a little above the short term interest rates.
Answer:
D. local marketing
Explanation:
Local marketing also known as neighborhood marketing is a marketing strategy that targets customers and potential customers in their locality, it is a type of marketing technique that direct their product offerings and marketing efforts towards the residents of their local community. It helps in establishing the brand in the minds of the new customers and the repeat customers.
Local marketing can be done through sponsorship of events, advertisement, e.t.c.
<span>Organic management practices are very flexible which allows for frequent changes in the structure, organization and processes. When compared to mechanistic organization which is structured around a hierarchy and contibuters perform specific roles, organic structures are centered around external factors and normally avoids layers of supervisors and managers on a ranking system.</span>